Cit Group Inc (CIT) 36.16 $CIT CIT Appoints Michael

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Sep 9, 2016 at 12:01 AM

Cit Group Inc [Del] (CIT) 36.16 $CIT

CIT Appoints Michael Jones Managing Director of CIT Equipment Finance
BusinessWire - Thu Sep 08, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced the appointment of Michael Jones (51) as Managing Director of CIT Equipment Finance, effective September 25. Jones will be based in Jacksonville, Florida and will report to Steve Solk, President, CIT Business Capital.
CIT: 36.16 (-0.07)

CIT Serves as Co-Lead Arranger for $138.5 Million Financing for Continuum Healthcare
BusinessWire - Wed Sep 07, 7:30AM CDT
--Services Provided Include Short-Term Rehabilitation and Long-Term Care as well as Customized Programs for Specific Patient Needs
CIT: 36.16 (-0.07)

CIT Appoints James J. Duffy as Executive Vice President and Chief Human Resources Officer
BusinessWire - Tue Aug 30, 7:30AM CDT
CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced the appointment of James J. (Jim) Duffy (62) as Executive Vice President and Chief Human Resources Officer, effective immediately. Duffy, who previously held the role of Global Head of Human Resources at CIT prior to leaving in 2010, will serve on the company's Executive Management Committee and report directly to Chief Executive Officer Ellen R. Alemany.
CIT: 36.16 (-0.07)

CIT Serves as Sole Lead Arranger for $61.8 Million Acquisition Financing for Office Properties Outside Chicago
BusinessWire - Mon Aug 29, 7:30AM CDT
--JV to Acquire 3, 6 and 9 Parkway North in Deerfield, IL, a Northern Suburb of Chicago; Properties Total 480,000 Square Feet
CIT: 36.16 (-0.07)

CIT Aerospace Signs 39 Agreements Related to the Lease of Commercial Aircraft and Delivers 26 Aircraft in Q2 2016
BusinessWire - Mon Aug 22, 7:30AM CDT
CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 39 agreements in the second quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace also delivered 26 aircraft, including new and used aircraft and lease extensions of existing fleet, to its airline customers around the world.
CIT: 36.16 (-0.07)

CIT Commercial Services Appoints Darrin Beer as Western Regional Sales and Portfolio Manager
BusinessWire - Thu Aug 11, 7:30AM CDT
--Beer Has More Than 25 years of Financial Services Experience
CIT: 36.16 (-0.07)

PRA Group (PRAA) Posts In-Line Earnings & Revenues in Q2
Zacks Equity Research - Zacks Investment Research - Tue Aug 09, 9:42AM CDT
PRA Group Inc.'s (PRAA) second-quarter 2016 earnings per share of 83 cents came in line with the Zacks Consensus Estimate but declined 23% from the year-ago quarter
PRAA: 32.89 (+0.24), AXP: 66.24 (+0.05), EEFT: 79.37 (+0.12), CIT: 36.16 (-0.07)

CIT Provides $100,000 to Los Angeles Latino Chamber of Commerce for Technical Assistance to Small Businesses
BusinessWire - Mon Aug 08, 7:30AM CDT
--Grant Supports Further Development of Small Business Technical Assistance Services of LA Latino Chamber of Commerce (LALCC) Foundation
CIT: 36.16 (-0.07)

CIT Provides $23 Million Financing to Lighthouse eDiscovery
BusinessWire - Wed Aug 03, 7:30AM CDT
--Lighthouse Is a Portfolio Company of Spire Capital, a New York-Based Private Equity Firm
CIT: 36.16 (-0.07)

Credit Services Stocks Under Scanner -- Capital One Financial, CIT Group, Equifax, and Fifth Street Finance
PR Newswire - Tue Aug 02, 8:47AM CDT
Consumers nowadays are shifting to more convenient ways to pay for products and services, and this include the use of credit cards. However, rapid advancements in technology pose security threats, thus influencing spending trends. Today, Stock-Callers.com shifts investors' focus on four Credit Services equities: Capital One Financial Corp. (NYSE: COF), CIT Group Inc. (NYSE: CIT), Equifax Inc. (NYSE: EFX), and Fifth Street Finance Corp. (NASDAQ: FSC). You can access of our complimentary research reports on these stocks now at:
COF: 72.28 (+0.51), FSC: 6.23 (-0.01), EFX: 134.68 (-0.51), CIT: 36.16 (-0.07)

CIT Group (CIT) Beats Q2 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:43AM CDT
CIT Group's (CIT) better-than-expected results were primarily driven by higher revenues, due to a rise in both net interest revenue as well as non-interest income.
BANX: 18.52 (-0.13), ONDK: 6.26 (-0.12), CIT: 36.16 (-0.07), GFN: 4.36 (unch)

CIT Reports Second Quarter 2016 Net Income of $14 Million ($0.07 Per Diluted Share); Income from Continuing Operations of $181 Million ($0.90 Per Diluted Share)
BusinessWire - Thu Jul 28, 5:30AM CDT
--Stable Core Operating Trends - Pre-tax income from continuing operations improved over $70 million from the prior quarter resulting from a lower credit provision; Non-accrual loans fell by 4%;
CIT: 36.16 (-0.07)

CIT Announces Expanded, Full-Market Coverage for Restaurant Franchise Finance
BusinessWire - Wed Jun 15, 7:30AM CDT
--Matthew Goyette Named Vice President of Mid-Cap Restaurant Franchise Finance
CIT: 36.16 (-0.07)

CIT Bank Provides $100,000 Grant to COR Community Development Corporation
BusinessWire - Mon Jun 13, 7:30AM CDT
--Participants Will Go Through a Rigorous Financial Education Program and Create a Business Plan
CIT: 36.16 (-0.07)

New Strong Sell Stocks for June 9th
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:03AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
EXPR: 12.14 (+0.14), HLI: 24.71 (+0.19), WMS: 23.72 (-0.10), GTN: 11.06 (-0.04), CIT: 36.16 (-0.07)

Employment Growth Supports Commercial Real Estate Amid Regulatory Uncertainty
BusinessWire - Wed Jun 08, 7:30AM CDT
--Commercial Real Estate Market Prepares for New Regulations
CIT: 36.16 (-0.07)

CIT Group Ratings Upgraded by Moody's, Outlook Stable
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:14AM CDT
Moody's upgraded the senior unsecured rating of CIT Group (CIT) from B1 to Ba3.
EEFT: 79.37 (+0.12), CIT: 36.16 (-0.07), AMTG: 13.64 (+0.01), MCO: 109.94 (-0.21)

Watch for CIT Group to Potentially Rebound After Falling 1.46% Yesterday
Comtex SmarTrend(R) - Wed Jun 01, 3:08PM CDT
CIT Group (NYSE:CIT) traded in a range yesterday that spanned from a low of $32.87 to a high of $33.99. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $33.44 on volume of 953,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CIT: 36.16 (-0.07)

CIT Group Aircraft Leasing Unit Draws Bids from China, Japan
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:34AM CDT
CIT Group (CIT) is said to be considering spin-off or sale of its aircraft leasing unit by the end of this year in order to simplify operations and focus more on domestic banking.
EEFT: 79.37 (+0.12), CIT: 36.16 (-0.07), AMTG: 13.64 (+0.01)

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